The Collectors' Auction 2010
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Please Note: A 15% Buyers' Premium is added to the hammer price of all lots in this sale.
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(About The Images)
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Lot Title:
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1861 CLARK-GRUBER. NGC AU Details/scratches.
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Description:
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Brothers Austin and Milton Clark and Emanuel Gruber built a two-story brick building to house their gold brokerage operation in Denver City, anticipating profit on bullion to be shipped east for coining. High cost of freight and insurance led to realization that the best way to maximize returns would be to mint their own coins locally, thus leading to creation of a private mint, and striking of their first coins in June 1860. Clark-Gruber gold has a distinctive chartreuse hue that is evident here. While collectors not accustomed to the limitations of the dies may be surprised at the soft detail, NGC has correctly declared "AU details", with scratches noted in the obverse left field. The scratches are deep enough that they could represent a contemporary test to confirm a genuine gold coin, as opposed to a plated imitation.
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Low Estimate:
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$2,000.00 |
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High Estimate:
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$2,400.00 |
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Lot Status:
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Bidding has been closed for this lot. |
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Hammered Price: |
$1,850.00
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Price Realized:
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Price history for items of the same classification:
| Lot # | Auction | Current Bid or Hammer Price | Description |
| 900 | The Midwest Summer Sale 2010 on 07/23/2010 | $4,100.00 |
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1861 $2.50 CLARK-GRUBER. VF.
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The 1861 quarter-eagle gold coin struck by Clark Gruber and Co. is the most common of the series of quarter-eagles, half-eagles, eagles and double-eagle produced by that firm. Issuing of gold coins... |
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